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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
RG Idles Coke Batteries at Mountain State Carbon
09 June 2012 - Three coke batteries have been put on hot idle at Mountain State Carbon LLC, and about 200 unionized workers at the joint venture of RG Steel LLC and Severstal North America Inc. are being laid off, according to a local union official.
AK Steel Receives "Metallic Supplier of the Year" Award from Chrysler Group LLC
08 June 2012 - AK Steel has received the Metallic "Supplier of the Year" award from Chrysler Group LLC. The award recognizes AK Steel for extraordinary performance in 2011, and positions AK Steel among an elite group of Chrysler's top suppliers.
Anshan Drops Plan for Indian Steel Plant
07 June 2012 - China’s second-largest steelmaker, Anshan Group, has scrapped a plan to build a steelworks in India because of uncertainties in resource allocations. It is, however, continuing talks for a planned plant in the USA.
MMK Invests to Expand Into Market for Shipbuilding Steels
05 June 2012 - MMK is investing in abrasive blast cleaning equipment for rolling shop No. 9, which houses its 5,000 mm plate mill. This will allow MMK to produce AB2-1 and AB2-2 shipbuilding steels.
RG Steel Begins Shutdown
05 June 2012 - A total of 263 union workers at RG Steel's Warren steel mill have been laid off as the plant finishes filling customer orders before being shut down, a union leader said Monday, 4 June.
Commercial Metals Company Announces Completion of Sale of Croatian Pipe Mill
04 June 2012 - Commercial Metals Company announced the completion of the sale of its Croatian Pipe Mill and wholly owned subsidiary, CMC Sisak, d.o.o., pursuant to a definitive purchase agreement whereby CMC sold all of the outstanding shares of CMC Sisak to the Danieli Group – Steel Making Division.
AK Tube Plant Recognized for Outstanding Safety Performance
03 June 2012 - The Walbridge, Ohio, plant of AK Tube LLC, a subsidiary of AK Steel, has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene.
Severstal Announces Investment Plans for Iron Ore and Coal Exploration in 2012
03 June 2012 - OАО Severstal announced that it will invest approximately $98 million in geological exploration for iron ore and coal projects both in Russia and internationally in 2012.
Michael Wallis Succeeds Ulrich Albrecht-Frueh as Chief Executive Officer of ThyssenKrupp Stainless USA
03 June 2012 - ThyssenKrupp Stainless USA LLC announced the appointment of Michael Wallis as chief executive officer of the company in Calvert, Ala., effective 15 June 2012.
Posco Honored by Korea Herald Business
03 June 2012 - Posco was ranked first as Korea’s “nicest company,” determined through a survey conducted by the Korea Herald Business.
Michael Wallis Succeeds Ulrich Albrecht-Frueh as Chief Executive Officer of ThyssenKrupp Stainless USA
03 June 2012 - ThyssenKrupp Stainless USA LLC announced the appointment of Michael Wallis as chief executive officer of the company in Calvert, Ala., effective 15 June 2012.
Republic Steel Breaks Ground on New EAF at Lorain
02 June 2012 - Republic Steel announced that contracts have been awarded and construction is under way for the new electric arc furnace and related equipment at its Lorain, Ohio, steelmaking facility. The company expects the first heat of steel from the new facility to be tapped during the second quarter of 2013.
RG Steel Files for Bankruptcy, Esmark Offers to Buy Wheeling Corrugating
01 June 2012 - RG Steel LLC and its wholly owned subsidiaries announced that they have filed petitions under Chapter 11 of the United States Bankruptcy Code with the U.S. Bankruptcy Court for the District of Delaware.
voestalpine Achieves New Record Revenue of Over EUR 12.1 Billion
01 June 2012 - At EUR 12.1 billion, the voestalpine Group generated the highest revenue in the company’s history during the business year 2011/12.
Severstal Wins Best Corporate Development Strategy Award
29 May 2012 - OAO Severstal has been named the winner in the Best Corporate Development Strategy category at the annual awards hosted by RCB Group and the investor.ru portal, for its strategy to achieve a top five industry position by EBITDA through sustained high margins and returns on investment in 2011.
AK Steel Executive Officers Assigned New Responsibilities
28 May 2012 - AK Steel announced that four of its officers have new executive-level responsibilities, effective immediately. The changes in responsibilities were made as part of the company's long-term strategic and succession plans.
Posco Selected as Most Admired Korean Company
23 May 2012 - Posco ranked first as the Most Admired Korean Company in 2012 after Fortune Korea and the Sungkyunkwan University Management Research Institute applied Fortune’s “Most Admired Company” survey method to Korean companies.
ALJ Announces 2nd Quarter Earnings
21 May 2012 - ALJ, the parent company of Kentucky Electric Steel, reported net income of $3.107 million on net sales of $44.384 million for the second quarter, and net income of $4.831 million on net sales of $83.279 million for the six months ended March 31, 2012.
Nucor to Acquire Skyline Steel
18 May 2012 - Nucor Corp. has signed a Stock Purchase Agreement to acquire the membership interests of Skyline Steel LLC and its subsidiaries from ArcelorMittal, for approximately $605 million. Skyline Steel will be a wholly owned subsidiary of Nucor Corp. and will maintain its headquarters in Parsippany, N.J.
Schnitzer Provides Outlook for Q3 of Fiscal 2012
18 May 2012 - Schnitzer Steel Industries, Inc. announced its market outlook for its third quarter of fiscal 2012, noting that margins have compressed from the second quarter as a slight increase in average gross ferrous selling prices has been more than offset by higher costs of both raw materials and freight.
